This is because the grading certificate is not for the purpose of placing a dollar amount on your diamond. Or the friend could start up a conversation about engagement rings and what's popular and what you fiance's opinion is on the subject. Next, determine how much ring you can afford.
Explanation of Cut, Color and Clarity of This Diamond
Cut Quality Diamonds cut to ideal proportions are made to reflect the most amount of light. High percentage of diamond weight is lost in the process of shaping and polishing the diamond. Such diamonds are perceived as most brilliant and fiery, thus making this the most desirable cut. Because in making ideally cut diamonds more diamond material is sacrificed for the sake of appearance, they are usually more expansive.
Color G color diamonds are next to colorless. G color may be somewhat slightly noticeable when compared to diamonds of better grades, but this grade offers excellent value. G-color diamonds are the most rare of the near-colorless diamonds. Its extremely faint tint will only be noticeable to a trained gemologist.
Clarity VS1 diamonds have very small inclusions. Usually an experienced grader does not find any internal faults, but does not have great difficulties to see the inclusions when he moves the diamond a little from side to side. Typical inclusions of this group are small, light clouds or small light cracks on the girdle.